HORSEPLOP.COM
General Category => Harness Racing => Topic started by: dbharness on March 05, 2020, 01:40:27 PM
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Can someone explain to me why anyone would but up c$110,000 to race in a non stakes event? Is this going to become the norm at WEG? I guess maybe I am looking at this wrong. I can see staking for actual stake races but that cost less than a tenth of this!
I mean it cost less to supplement into these races that what the cost of this thing is!
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Stallion purposes. Kinda like the Pegasus...artific ially inflate a horses earnings.
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Never really thought about it that way!! Good Point!
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It's more about the prestige than the earnings
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no one who nominated needs the money just another example of weg getting ridof small owners
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http://ustrottingnews.com/mohawk-million-slot-owners-revealed/
RACING FOR A COOL MILLION IN SEPT
FOR 2 YR OLD TROTTERS
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BUT WHAT DID I READ THEY CAN SELL THE SPOT,,
LEASE THE SPOT..TRADE THE SPOT
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SOMETHING DONT SMELL RIGHT
..
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Nothing shady about it. Those owners are filthy rich.
Not sure how Glengate Farms and Dreamland will have the horsepower to enter, probably the most likely ones to sell or trade or whatever. The other owners should have no problem getting a good enough 2 yr old trotter to enter
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http://ustrottingnews.com/mohawk-million-slot-owners-revealed/
RACING FOR A COOL MILLION IN SEPT
FOR 2 YR OLD TROTTERS
....
BUT WHAT DID I READ THEY CAN SELL THE SPOT,,
LEASE THE SPOT..TRADE THE SPOT
....
SOMETHING DONT SMELL RIGHT
..
That’s the beauty of it,,,
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its rather simple
inflating earnings, nope, these should be the best 9 or 10 2 yr old trotters so best versus best
think about it , the guys who bought in bought expensive yearlings so they take a shot , if for some reason they cant come up with one perhaps some small to mid tier owner ends up with a monster by accident and decides he wants a spot , so he has to buy one of their spots
and that is when the real fun starts , come a few weeks before the start there might be 12 really good horses but only 9 spots, how bad does someone want in
lets face it , this sport can use all the help it can get to survive, if this gets some publicity and media coverage, perhaps shown on tv than it is worth a try
after all as noted prior its just a bunch of rich owners betting against each other which is fine
as for weg and harness racing we all know it is not their priority but they wont kill it , remember that they have nothing else in the winter so it pays some bills and keeps some of the cousins employed
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http://ustrottingnews.com/mohawk-million-slot-owners-revealed/
RACING FOR A COOL MILLION IN SEPT
FOR 2 YR OLD TROTTERS
....
BUT WHAT DID I READ THEY CAN SELL THE SPOT,,
LEASE THE SPOT..TRADE THE SPOT
....
SOMETHING DONT SMELL RIGHT
..
Exactly how the Pegasus World Cup works. Assuming that is the model.
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NOT ALL THESE GUYS GONNA HAVE ONE READY TO GET BEHIND THE GATE EITHER....NICE ONE WILL COME ALONG AND A DEAL GETS MADE tmbz1
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no one who nominated needs the money just another example of weg getting ridof small owners
Clay Hornet is an arrogant ass and only interested in catering to those with the bucks
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Absolutely right . WEG o/a Horner make rules to protect the top echelon but do ZIPPO for the everyday racing. i.e not letting owners race a horse if they HAD a horse with trainer with positives in stakes.
Grand Circuit represents less then 1% of the handle and racing at WEG.
I have to admit though that when they do retention they have lots of security and it is well run, not like other jurisdictions that really dropped the ball like Yogurtgate.
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how in gods name is the Mohawk million WEG pandering to the upper echelon
I believe WEG is contributing zero dollars, the entrants front up all the money for the purse
maybe, just maybe it might create some interest outside the normal fan base
now in terms of supporting smaller owners breeders how about the following Ontario bred restricted stakes that have been created in the last two years
harvest, autumn, spring , prospect
in addition to the gold, grassroots, sboa
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All of those stakes that you mentioned the money is coming from HIP (horse improvement program ) Government money, all jurisdictions have similar programs.
The persons that purchased a spot behind the gate are from the upper echelon and really don't care how much money they lose in the industry and if you examine these entrants further you will see that they did not make their money in horse racing. It's an expensive hobby for them.
My point is these individuals don't keep the industry going year round.
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fair point duke re HIP, my point was there is lots of opportunity for smaller guys to race and hopefully make a few dollars
as for the rich guys, thank god for them or most of the small guys would be out , imagine the yearling prices if the rich owners were not in driving up average prices
I think if you look at someone like brad grant he probably contributes a lot to keeping the business going year round, even during the winter off season he likely has at least 10 horses race at Mohawk a week
as for them making their money elsewhere, of course, as we know and from reading this board nobody actually makes money from this business, it costs money
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This is brilliant marketing. A million dollar race in which the owners put up 990k. WEG puts up 10k and promotes the shit out of it, as if they are somehow responsible.
Rich guys throwing around their egos. Who else would put up 110k for a chance at a 500k return?
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Mwins you ever been to or watched a high stakes poker game on TV. Happens every day in poker world
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Mwins you ever been to or watched a high stakes poker game on TV. Happens every day in poker world
That's a good analogy. Buying into The Big Game
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That's a good analogy. Buying into The Big Game
Only difference is everyone of those poker players is only putting up a portion of the entrance fee. Most of them sell pieces of their action.
The equivalent here could be someone like Julie Walker buying a spot, having already sold shares to her backers.
My point is, its a rich mans stake race. Not like the NA CUP where a small time guy with a nice horse gets a chance to make sustaining payments.
Its a no brainer, and great publicity stunt for WEG. They only put up 10k.
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I agree WEG benefits most . Going to collect interest on money for 5 months should make up for the 10k they put in. Smart money says pay the 2k to be eligible to Wellwood if can’t win it probably can’t win the Million
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Should be for horses five and older.
Keep more good horses in play.
The only ones interested in 2 yr old trotters
are the owners.
Will not be a good wagering event.
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This is a prestige event for the owners, invented by the owners. They are the biggest whales in the sport and don't care about wagering only bragging rights.
To Woodbine its one race but will come with a lot of media attention.
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This is a prestige event for the owners, invented by the owners. They are the biggest whales in the sport and don't care about wagering only bragging rights.
To Woodbine its one race but will come with a lot of media attention.
7 of the 10 are losing money
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I agree WEG benefits most . Going to collect interest on money for 5 months should make up for the 10k they put in. Smart money says pay the 2k to be eligible to Wellwood if can’t win it probably can’t win the Million
shorter term interest rates are zilch now
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Only 3 owners have a chance to break even, or 2 if the Wellwood winner, who gets in free, hits the board.
This race will not add one fan in the seats, however, it will stroke the egos of some of the biggest players in the game. And that isn’t such a bad thing.
It will be fun to watch, just to see the maneuvering to get a seat.